Company Earnings Update 2 minutesRegister for Free AccessAdidas (ETR: ADS) 2Q18 Results: Beats Expectations with Further Double-Digit Revenue Growth and Solid Gross-Margin Gains Coresight Research August 10, 2018 Executive Summary Adidas grew 2Q18 revenues by 10% year over year at constant currency, with revenues, EBIT and net profit all coming in ahead of consensus. Management noted that the company’s significant gross-margin uplift reflected the “quality” of its revenue growth. Management reiterated its guidance for FY18: the company expects to grow sales by approximately 10% at constant currency and to increase its operating margin by between 0.5 and 0.7 percentage points. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Tariffs on Canada and Mexico: What US Consumers ThinkThe New Coresight 100: Leading the Retail Charge in 2025Three Data Points We’re Watching This Week, Week 6: US Consumer and Retail FocusWeekly US and UK Store Openings and Closures Tracker 2025, Week 7: Aldi and Skechers USA Announce Store Expansion Plans; Joann To Close 500 Stores
